Many employers will grant company stock options to executives and key employees as a way to incentivize them to remain at a company and tie their incentives to increased production/ profitability of the company.  If you have received a stock option from your employer you probably have several questions.  

To fully understand your benefit, you need know what is an Incentive Stock Optionsor ISO and what the similarities/ differences between Incentive Stock Options (ISOs)and Non-Qualified Stock Option (NQSOs).  This knowledge will help you to identify and better manage your options.